Loan Operations Specialist

Benefits :

401(k)

401(k) matching

Dental insurance

Health insurance

Paid time off

About the Role

We're looking for a Loan Operations Specialist who thrives in a collaborative environment and takes pride in accuracy, organization, and excellent customer service. This role supports our lending teams by ensuring smooth loan processing from start to finish - from boarding new loans to managing post-closing documentation and compliance.

You'll be part of a dynamic department that plays a critical role in maintaining data integrity, supporting lenders, and ensuring regulatory compliance for commercial, consumer, agricultural, and real estate loans.

What You'll Do

• Process and board new and renewed commercial, consumer, and agricultural loans.
• Handle loan payments, participation and collection payments, and wire transfers.
• Process credit card applications and perform account maintenance.
• Balance daily loan control general ledger and process loan disbursements.
• Maintain production and assistant logs, and scan loan documents to imaging systems.
• Monitor and clear loan exceptions including titles, recorded documents, and UCC filings.
• Review and reconcile daily, weekly, and monthly reports, making necessary adjustments.
• Manage E-Oscar and Experian reporting updates.
• Prepare loan payoffs and adverse action notices.
• Process invoices for vendors (e.g., flood determinations, Central Notification System, SOS filings).
• Ensure compliance with applicable regulations (Reg Z, Reg B, Reg X, FLOOD, OFAC, etc.).
• Foster a culture of teamwork and customer focus within the loan operations department.

What You'll Bring

• High school diploma or equivalent required; some college or banking experience preferred.
• Strong attention to detail and organizational skills.
• Ability to prioritize tasks and work efficiently in a fast-paced environment.
• Excellent communication and interpersonal skills.
• Proven problem-solving and multitasking ability.
• Working knowledge of loan documentation, credit tracking, or banking systems a plus.

Why Join Herring Bank

• Competitive pay and comprehensive benefits package.
• Career growth opportunities within a rapidly expanding bank.
• Supportive, team-oriented culture that values initiative and collaboration.
• Commitment to professional development and ongoing training.

Compensation : $19.00 - $20.00 per hour

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Herring Bank

Herring Bank was founded in 1899, by Colonel C.T. Herring. Colonel Herring lived in Vernon, TX and saw a need for a bank. The cattleman would drive their cattle from Oklahoma through Vernon to Fort Worth to sell their cattle. When the cattleman sold their cattle and they went back to Oklahoma they were loaded with cash. Oklahoma was know as the badlands for a good reason, when the cattleman crossed in to Oklahoma they could lose their life and it was a sure bet that they would lose their money. With a bank in Vernon, TX, Herring Bank, they could deposit their funds and when they crossed into Oklahoma, the badlands, they would not lose their money, so the thieves had no reason to rob them

At Herring Bank we "Build Relationships for a Lifetime" come join us at our family owned bank.

MEMBER FDIC - EQUAL OPPORTUNITY EMPLOYER

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